Suppose a Firm's Total Cost Curve Is TC = 5Q²

question 29

Multiple Choice

Suppose a firm's total cost curve is TC = 5Q² + 6Q + 125. The firm's average variable cost is AVC = ____.

• A) 10Q + 6
• B) 5Q + 6 + (125/Q)
• C) 5Q + 6
• D) 5Q² + 6Q

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Definitions:

Child Protective Services

A government agency responsible for responding to reports of child abuse or neglect to ensure the safety and well-being of children.

Physical Abuse

The infliction of physical harm or injury on another person, often a significant concern in vulnerable populations.

Contusions

Bruises caused by blunt force trauma leading to bleeding under the skin without breaking the skin's surface.

Effective Delegation

The skill of assigning tasks or authority to subordinates in a manner that maximizes efficiency and outcomes.